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Message: Larry E..still bearish st

Is Larry going for the stopped clock award?

Gold is higher now than when it broke down from the triangle pattern on Gartman day. At least Gartman reversed his position when he saw the subsequent downtrend break.

It looks to me that gold is simply in a massive consolidation pattern. Price movements within these patterns are notoriously erratic and unpredictable. But when gold eventually comes out of the pattern, it could start a monster move.

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